The EU budget battle: Assessing the trade and welfare impacts of CAP budgetary reform

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dc.bibliographicCitation.endpage130es_ES
dc.bibliographicCitation.stpage119es_ES
dc.bibliographicCitation.titleFood Policyen
dc.bibliographicCitation.volume51es_ES
dc.contributor.authorBoulanger, Pierrees_ES
dc.contributor.authorPhilippidis, Georgees_ES
dc.date.accessioned2015-02-19T13:12:17Z
dc.date.available2015-02-19T13:12:17Z
dc.date.issued2015es_ES
dc.description.abstractThere is a paucity of quantitative impact assessments of the sectorial and macroeconomic impacts of CAP budget reform for EU member states. To fill this gap, the current study employs a sophisticated agricultural variant of the GTAP model to evaluate the recently agreed CAP spending limits for the financial period 2014–2020 as well as a more radical 50% cut to the CAP budget proposed by the UK government. The study incorporates methodological innovation in terms of the modelling of CAP budgetary mechanisms. Furthermore, official EU auditing statistics are employed to (i) greatly improve the existing representation of agricultural support payments in the GTAP benchmark data and (ii) implement a detailed contemporary CAP baseline for member states to capture both the decoupled/coupled split of support payments and the distribution of support across both ‘pillars’. In general, CAP expenditure cuts have muted impacts on EU and world agricultural markets; whereas changes in net transfer payments have implications for real income and macro trade balances in EU member states. This observation is particularly pertinent when assessing conciliatory reductions in the UK rebate in exchange for deeper CAP budget cuts.en
dc.description.statusPublishedes_ES
dc.identifier.citationFood Policy, 51, p. 119-130en
dc.identifier.issn0306-9192*
dc.identifier.urihttp://hdl.handle.net/10532/2805
dc.language.isoenes_ES
dc.relation.doihttp://dx.doi.org/10.1016/j.foodpol.2015.01.004es_ES
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/3.0/es/*
dc.subject.agrovocPACes
dc.subject.agrovocComercioes
dc.subject.agrovocEuropaes
dc.subject.agrovocPresupuestoes
dc.subject.othereconomía agroalimentariaes_ES
dc.titleThe EU budget battle: Assessing the trade and welfare impacts of CAP budgetary reformen
dc.typeJournal Contribution*
dc.typearticle
dc.type.refereedNon-Refereedes_ES
dc.type.specifiedArticlees_ES

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